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Ludmilka [50]
3 years ago
10

Rather than using an institutional loan, a seller extends credit to a buyer and the buyer gives the seller a deed of trust. This

would be known as a/an:______
Business
1 answer:
Montano1993 [528]3 years ago
4 0

Answer:

The correct solution would be "Purchase money loan ".

Explanation:

  • The purchasing money allowance would be granted by that of the producer to the consumer of such the property. This is also considered as financing by the seller as well as by the owner.  
  • Those other loans are mostly utilized by borrowers who've had difficulty applying for something like a conventional mortgage leading to negative performance.
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A is the answer i am very good at loans and the answer is A
8 0
3 years ago
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Among salespeople, ________ often represent products that have few options, such as magazine subscriptions and highly standardiz
disa [49]

Among salespeople,  order takers often represent products that have few options, such as magazine subscriptions and highly standardized industrial products.

<h3><u>Explanation:</u></h3>

A sales person who only aims in getting new orders and will not take any actions regarding finding new customers or increasing the existing order frequency. He will not aim in the increasing of the sales that already exists. He aims only in money making process.  

In the examples given, subscriptions of magazine and highly standardized industrial products are given. When considering these examples, the order takers will only take steps in getting new orders with a few options at their hands.  

4 0
3 years ago
Avido Inc. is expected to pay a $2.00 dividend at year end (D1 = $2.00), the dividend is expected to grow at a constant rate of
Tatiana [17]

Answer:

6.57%

Explanation:

Given that,

D1 = $2.00

Dividend growth rate, g = 4.50%

Stock price, P0 = $47

Before-tax cost of debt = 6.50%

Tax rate = 40%

Target capital structure for Debt = 45%

Target capital structure for Common equity = 55%

Cost of equity:

= (D1 ÷ P0) + g

= ($2.00 ÷ $47) + 4.50%

= 4.25% + 4.50%

= 8.75%

After tax cost of dept:

= Before tax cost of dept × (1 - Tax rate)

= 6.50% × (1 - 0.40)

= 6.50% × 0.60

= 3.9%

Company’s WACC if all the equity used is from retained earnings:

= (Cost of equity × Percent of common equity) + (After tax cost of dept × Percent of debt)

= (8.75% × 55%) + (3.9% × 45%)

= 4.8125% + 1.755%

= 6.57%

4 0
3 years ago
Jaworski’s Ski Store is completing the accounting process for its first year ended December 31, 2015. The transactions during 20
Nonamiya [84]

The answer & explanation for this question is given in the attachment below.

8 0
3 years ago
Jim&amp;Jenny Inc., an investment service firm, regularly donates to nonprofit organizations for various social causes and event
kondor19780726 [428]

Jim&Jenny Inc., an investment service firm, regularly donates to nonprofit organizations for various social causes and events. This scenario illustrates that the company is fulfilling its Corporate social responsibility.

<h3><u>Explanation:</u></h3>

A policy that an organisation follows through which it involves in some charitable activities or contributes something to the society in fulfilling its social goal refers to corporate social responsibility. It can be considered as an ethical strategy that is followed by an organization. It was also considered as a mandatory practice by many organisation operating at different levels.

In the example given, the organisation named Jim&Jenny Inc denotes to non profit organisation for many social causes and events. Hence this scenario can be considered as a corporate social responsibility of that firm and hence it is fulfilling it.

4 0
3 years ago
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